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Ergomed Awards Share Options

24 Dec 2015 07:00

RNS Number : 1076K
Ergomed plc
24 December 2015
 

 

Ergomed Awards Share Options

Guildford, UK - 24 December 2015: Ergomed plc, (LSE: ERGO or 'Ergomed') a profitable UK-based company, dedicated to the provision of specialised services to the pharmaceutical industry and the development of new drugs, announces that the following awards have been made under its unapproved executive share option scheme to certain directors of the Company.

The awards consist of share options over the Company's ordinary shares of 1p each (the "Options"), with an exercise price of 169 pence (being the closing price on 23 December 2015) which will vest on 3 June 2018 but are not subject to any performance criteria. Once vested, the Options will be exercisable until 23 December 2025.

Director

Award of Options

Resulting interest in options

Current shareholding in the Company

Neil Clark - Chief Financial Officer

150,000

1,150,000

91,912

Andrew Mackie - Chief Business Officer

125,000

125,000

NIL

 

In total 275,000 Options were granted yesterday, representing 0.96% of the issued share capital.

For further information, please contact:

Hume Brophy - for UK enquiries

Mary Clark, Supriya Mathur and Hollie Vile

Tel: + 44 203 440 5654

ergomed@humebrophy.com

 

Stifel

NOMAD/Broker to the Company

Jonathan Senior, Stewart Wallace and Ben Maddison

Tel: +44 207 710 7600

 

MC Services - for Continental European enquiries

Anne Hennecke

Tel: +49 211 529252 22

anne.hennecke@mc-services.eu

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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